TIDMEIG
RNS Number : 7650E
Ei Group plc
03 March 2020
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN
PART, DIRECTLY OR INDIRECTLY IN, INTO OR FROM ANY JURISDICTION
WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR
REGULATIONS OF SUCH JURISDICTION
FOR IMMEDIATE RELEASE
Ei Group plc
3 March 2020
Recommended Cash Acquisition
of
E i Group plc
by
Stonegate Pub Company Bidco Limited
(a wholly-owned subsidiary of Stonegate Pub Company Limited)
Scheme of arrangement becomes Effective
On 18 July 2019, the boards of directors of Ei Group plc ("EIG")
and Stonegate Pub Company Bidco Limited ("Stonegate"), a
wholly-owned subsidiary of Stonegate Pub Company Limited, announced
that they had reached agreement on the terms of a recommended
all-cash acquisition of the entire issued and to be issued share
capital of EIG by Stonegate (the "Acquisition") to be effected by
means of a scheme of arrangement under Part 26 of the Companies Act
2006 (the "Scheme").
On 27 February 2020, EIG announced that the Court had sanctioned
the Scheme at the Court Hearing held that day.
EIG and Stonegate are pleased to announce that, following the
delivery of the Court Order to the Registrar of Companies today,
the Scheme has now become Effective and the entire issued share
capital of EIG is now owned by Stonegate.
As the Scheme has now become Effective, EIG announces that
Robert Walker, Simon Townsend, Neil Smith, Adam Fowle, Marisa
Cassoni, Peter Baguley and Jane Bednall have resigned as directors
of EIG and Ian Payne, Simon Longbottom, David Ross, Brian Magnus
and Manjit Dale are appointed as directors of EIG, in each case
with effect from today's date.
As announced on 18 July 2019, a Scheme Shareholder on the
register of members of EIG at the Scheme Record Time, being 6.00
p.m. on 28 February 2020, will be entitled to receive 285 pence in
cash for each Scheme Share held. Settlement of the consideration to
which any Scheme Shareholder is entitled will be effected by way of
the despatch of cheques or the crediting of CREST accounts (for
Scheme Shareholders holding Scheme Shares in certificated form and
in uncertificated form, respectively) as soon as practicable and in
any event not later than 14 days after today's date.
Applications have been made to the FCA and the London Stock
Exchange in relation to the de-listing of EIG Shares from the
premium listing segment of the Official List of the FCA and the
cancellation of the admission to trading of EIG Shares on the
London Stock Exchange's main market for listed securities which is
expected to take place at 8.00 a.m. on 4 March 2020.
Capitalised terms used but not otherwise defined in this
announcement shall have the meaning given to them in the scheme
document published by EIG on 15 August 2019, a copy of which is
available on the EIG website at
https://www.eigroupplc.com/en/investors.html. All references to
times are to London times.
Enquiries:
Stonegate Pub Company Limited Tel: +44 (0) 1582 957160
Simon Longbottom
Ian Payne
Daniel Wilkinson
Nomura International plc (Financial Adviser Tel: +44 (0)20 7102
to Stonegate) 1000
Adrian Fisk
Henry Phillips
Christopher Fincken
Goldman Sachs International (Financial Tel: +44 (0)20 7774
Adviser to Stonegate) 1000
Anthony Gutman
Nick Harper
James Brodie
Barclays (Financial Adviser to Stonegate) Tel: +44 (0)20 7623
Derek Shakespeare 2323
Andrew Richards
Neal West
Tulchan Communications (PR Adviser to Stonegate Tel: + 44 (0)20 7353
and TDR) 4200
Jonathan Sibun
Suniti Chauhan
Will Smith
Instinctif Partners (PR Adviser to Stonegate) Tel: + 44 (0)20 7457
Justine Warren 2020
Sebastian Holland
Important notices
Nomura International plc, which is authorised by the Prudential
Regulation Authority ("PRA") and regulated by the PRA and the
Financial Conduct Authority ("FCA") in the United Kingdom, is
acting as financial adviser to Stonegate, and no one else in
connection with the matters set out in this announcement and Nomura
International plc, its affiliates and its respective officers,
employees, agents, representatives and/or associates will not
regard any other person as their client, nor will they be
responsible to anyone other than Stonegate for providing the
protections afforded to clients of Nomura International plc nor for
giving advice in relation to any matter or arrangement referred to
in this announcement. Neither Nomura International plc nor any of
its subsidiaries, branches or affiliates owes or accepts any duty,
liability or responsibility whatsoever (whether direct or indirect,
whether in contract, in tort, under statute or otherwise) to any
person who is not a client of Nomura International plc in
connection with this announcement or any matter referred to
herein.
Goldman Sachs International, which is authorised by the PRA and
regulated by the FCA and the PRA in the United Kingdom, is acting
as financial adviser to Stonegate and no one else in connection
with the matters described in this announcement and will not be
responsible to anyone other than Stonegate for providing the
protections afforded to clients of Goldman Sachs International, or
for giving advice in connection with the matters described in this
announcement or any matter referred to herein. Neither Goldman
Sachs International nor any of its subsidiaries, branches or
affiliates owes or accepts any duty, liability or responsibility
whatsoever (whether direct or indirect, whether in contract, in
tort, under statute or otherwise) to any person who is not a client
of Goldman Sachs International in connection with this announcement
or any matter referred to herein.
Barclays Bank PLC, acting through its Investment Bank
("Barclays"), which is authorised by the PRA and regulated by the
FCA and the PRA in the United Kingdom, is acting as financial
adviser to Stonegate and no one else in connection with the matters
described in this announcement and will not be responsible to
anyone other than Stonegate for providing the protections afforded
to clients of Barclays, or for giving advice in connection with the
matters described in this announcement or any matter referred to
herein. Neither Barclays nor any of its subsidiaries, branches or
affiliates owes or accepts any duty, liability or responsibility
whatsoever (whether direct or indirect, whether in contract, in
tort, under statute or otherwise) to any person who is not a client
of Barclays in connection with this announcement or any matter
referred to herein.
Cautionary note regarding forward-looking statements
All statements other than statements of historical facts
included in this announcement may be forward-looking statements.
Without limitation, any statements preceded or followed by or that
include the words " targets " , " plans " , " believes " , "
expects " , " aims " , " intends " , " will " , " may " , "
anticipates " , " estimates " , " projects " or words or terms of
similar substance or the negative thereof, are forward-looking
statements. Such forward-looking statements involve risks and
uncertainties that could significantly affect expected results and
are based on certain key assumptions. Many factors could cause
actual results to differ materially from those projected or implied
in any forward-looking statements. Due to such uncertainties and
risks, readers are cautioned not to place undue reliance on such
forward-looking statements, which speak only as of the date hereof.
Neither Stonegate nor EIG, nor any of their respective associates,
directors, officers or advisers, provide any representation,
assurance or guarantee that the occurrence of the events expressed
or implied in any forward-looking statements in this announcement
(including information incorporated by reference into this
announcement) will actually occur. Stonegate and EIG disclaim any
obligation to update any forward-looking or other statements
contained herein, except as required by applicable law.
Publication on website
This announcement and the documents required to be published
pursuant to Rule 26 of the Code will be made available, subject to
any applicable restrictions relating to persons resident in
Restricted Jurisdictions, on EIG's website at www.eigroupplc.com
and on Stonegate's website at www.stonegatepubs.com by no later
than 12.00 noon on the Business Day following the date of
publication of this announcement. For the avoidance of doubt, save
as expressly referred to in this announcement, the contents of
those websites are not incorporated into and do not form part of
this announcement.
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
SOASSMFAEESSEDD
(END) Dow Jones Newswires
March 03, 2020 05:12 ET (10:12 GMT)
Ei (LSE:EIG)
過去 株価チャート
から 10 2024 まで 11 2024
Ei (LSE:EIG)
過去 株価チャート
から 11 2023 まで 11 2024
